To adapt to the new role of financial supervision and to accord with the international development of enhancing central bank’s financial stability assessment function, the Bank revised “The Organic Regulations of the Departments and Offices of The Central Bank of China”in December 2005. Financial stability assessment became one of the duties of the Department of Financial Inspection of the Bank.
The CBC will compile the financial soundness indicators based upon the Compilation Guides for FSIs issued by the IMF and build up the financial stability assessment framework that is consistent with the nature of our financial system, with reference to the IMF, European Central Bank and other central banks’ macro-prudential analytical methodologies. In the future, the CBC will issue its own financial stability report.